Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Nice pay raise they give to themselves
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Scuba Steve" data-source="post: 2112265" data-attributes="member: 51466"><p>This is informative but you Have to take into account why a workers wage went up 5.7 percent in the same time. </p><p></p><p>The American economy is in a constant state of churn. Historically one new business is born about every minute, while another one fails every eighty seconds. In 2012, there were 13.4 million private sector jobs created or destroyed each quarter—that’s equivalent to one in eight private sector jobs. Despite all of that churning, only 600 thousand net jobs were created each quarter duringthat same year. That’s equal to about half a percent of private employment. </p><p></p><p>Remember in 1978 you had the US Steel industry collapse. Thousands of workers lost good paying jobs and were either unemployed, under employed or on assistance. Look at the last recession, construction workers, financial workers and auto workers, same thing. Look at every year inbetween 1978-2011 and the churning of business and industry that changed. </p><p>Look at the revenue that companies are making with ONE CEO and able to provide new jobs when all of those industries came and went. The numbers in your report are skewed.</p><p></p><p> Look at minimum wage in 1978-2011? Minimum wage increased 174% in that time....</p></blockquote><p></p>
[QUOTE="Scuba Steve, post: 2112265, member: 51466"] This is informative but you Have to take into account why a workers wage went up 5.7 percent in the same time. The American economy is in a constant state of churn. Historically one new business is born about every minute, while another one fails every eighty seconds. In 2012, there were 13.4 million private sector jobs created or destroyed each quarter—that’s equivalent to one in eight private sector jobs. Despite all of that churning, only 600 thousand net jobs were created each quarter duringthat same year. That’s equal to about half a percent of private employment. Remember in 1978 you had the US Steel industry collapse. Thousands of workers lost good paying jobs and were either unemployed, under employed or on assistance. Look at the last recession, construction workers, financial workers and auto workers, same thing. Look at every year inbetween 1978-2011 and the churning of business and industry that changed. Look at the revenue that companies are making with ONE CEO and able to provide new jobs when all of those industries came and went. The numbers in your report are skewed. Look at minimum wage in 1978-2011? Minimum wage increased 174% in that time.... [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Nice pay raise they give to themselves
Top